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Insurance Agents Urge Congress Not to Remove 404(c) Protection During Blackout Periods
InsuranceNewsNet.com 
Feb. 28, 2002
Excerpt: 'If plan sponsors feel that they will have exposure to liabilities should the blackout period become prolonged, this will serve as a strong disincentive for them to take the appropriate action to change record-keepers or investment advisors when warranted,' stressed [David G. Evans, testifying to a Congressional panel on behalf of the Independent Insurance Agents of America].
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